News
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Two foreign exchange companies allowed to take non-dollar notes to Dubai
KARACHI (February 16 2003) : The State Bank has stopped the money changers from taking out foreign currency notes, other…
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SECP received 694 complaints against listed companies in 2001-02
KARACHI (February 16 2003) : The Securities & Exchange Commission of Pakistan (SECP) received 292 complaints by small investors and…
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State Bank cuts mark-up rate to 9.5 percent
KARACHI (February 16 2003) : The State Bank of Pakistan on Saturday announced 2.5 percent reduction in the mark-up rate…
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KPMG To Take Waste Management Strategy To Ahmedabad, Bangalore
After the successful privatisation of solid waste management in Chennai, cities like Bangalore and Ahmedabad are looking to emulate the…
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Ernst & Young reverses stock options accounting opinion
Accounting firm Ernst & Young has reversed its opinion on how companies should account for stock options, saying financial statements…
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KPMG Legal seeks name all its own
KPMG Legal is dumping its name amid fears that it is not seen as independent from affiliate accountancy firm KPMG.…
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Deloitte names William Parrett global CEO
Deloitte Touche Tohmatsu, the world's No. 2 accounting firm, said on Saturday its board of directors named William Parrett, from…
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Computerized CPA exam to be launched in April 2004
Arriving on schedule, the Uniform CPA Examination will be delivered in a computer-based format beginning April 5, 2004, the American…
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35 percent ghee units closed due to heavy taxation
KARACHI (February 15 2003) : Of total 89 vegetable ghee and cooking oil units working in the organised sector, 35…
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Revenue Board starts sales tax arrears recovery from short-filers
ISLAMABAD (February 15 2003) : The Central Board of Revenue (CBR) has started recovery of sales tax arrears from hundreds…
